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Rule 641. Levy on Shares of Stock (1947)


A levy upon shares of stock of any corporation or joint stock company for which a certificate is outstanding is made by the officer seizing and taking possession of such certificate. Provided, however, that nothing herein shall be construed as restricting any rights granted under Acts of 1943, 48th Leg., p. 722, ch. 397, secs. 13 and 14 (Vernon's Annotated Statutes, Art. 1358, sees. 13 and 14).

Amended by order of Aug. 18, 1947, eff. Dec. 31, 1947: The wording of the former rule and its meaning have been materially altered.

Prior Amendments Future Amendments
Oct. 29, 1940, eff. Sept. 1, 1941 July 21, 1970, eff. Jan. 1, 1971